TD Cowen Maintains Market Perform on Splunk, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a 'Market Perform' rating on Splunk (NASDAQ:SPLK) and raises the price target from $110 to $115.
August 24, 2023 | 3:50 pm
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POSITIVE IMPACT
TD Cowen analyst maintains a 'Market Perform' rating on Splunk and raises the price target from $110 to $115.
The raised price target by TD Cowen analyst indicates a positive outlook for Splunk. This could potentially lead to an increase in investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100